Assignability of Contract. HUD may assign the Contract to a successor PHA under ACC with HUD for the purpose of PHA administration of the Contract. Unless and until HUD does so, the PHA identified at the top of page 1 shall be the CA and, in that capacity, a party to the Contract. Upon any assignment of the Contract by HUD to a successor ▇▇▇, the successor PHA shall assume all the contractual and all other legal obligations of the previous PHA and shall replace the previous PHA as the CA and as a party to the Contract during the term of the ACC between HUD and the successor PHA.
Appears in 2 contracts
Sources: Housing Assistance Payments Contract, Housing Assistance Payments Contract